Originally broadcast at 10:30 a.m. ET Wednesday August 11, 2021.
(In partnership with the African American Heritage House of Chautauqua)
Raphael W. Bostic serves as the 15th president and chief executive officer of the Federal Reserve Bank of Atlanta, where he is responsible for all the Bank's activities, including monetary policy, bank supervision and regulation, and payment services. He also serves on the Federal Reserve's chief monetary policy body, the Federal Open Market Committee, and for the Chautauqua Lecture Series’ exploration on “The State of the Economy,” will discuss how monetary policy can benefit marginalized communities, and the moral imperative of creating a more inclusive economy.
Bostic worked at the Federal Reserve Board of Governors from 1995 to 2001, first as an economist and then a senior economist in the monetary and financial studies section, where his work on the Community Reinvestment Act earned him a special achievement award. He served as special assistant to HUD's assistant secretary of policy development and research in 1999.
From 2009 to 2012, Bostic was the assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development. From 2012 to 2017, Bostic was the Judith and John Bedrosian Chair in Governance and the Public Enterprise at the Sol Price School of Public Policy at the University of Southern California. Bostic first worked at USC starting in 2001 and served as a professor in the School of Policy, Planning, and Development. He was director of USC's master of real estate development degree program and was the founding director of the Casden Real Estate Economics Forecast. Bostic also served USC's Lusk Center for Real Estate as the interim associate director from 2007 to 2009 and as the interim director from 2015 to 2016. From 2016 to 2017, he was the chair of the center's Governance, Management, and Policy Process department.
He graduated from Harvard University in 1987 with a combined major in economics and psychology, and earned his doctorate in economics from Stanford University in 1995.
This program is made possible by Week Seven "Presenting Sponsor" Erie Insurance, Hirtle, Callaghan & Co. and the June and Albert Bonyor Lectureship Fund.
About Chautauqua Institution: Chautauqua Institution is a community on the shores of Chautauqua Lake in southwestern New York state that comes alive each summer with a unique mix of fine and performing arts, lectures, interfaith worship and programs, and recreational activities. As a community, we celebrate, encourage and study the arts and treat them as integral to all of learning, and we convene the critical conversations of the day to advance understanding through civil dialogue. CHQ Assembly is the online expression of Chautauqua Institution's mission.